You want the truth....Im 55, read the economist, and every conspiracy book from Schiff to God knows who else including all those Elliott Wave nuts. And the truth is, if the USA goes into a depression, it could never get hurt worse than in 29 crash because we had no nuclear arms nor were we the best military nor was our dollar pegged so tightly to oil, gold and just about every other thing including the US stocks foreigners buy right out from under us bit by bit, all that never existed before. Could we have a few riots here and there when inflation gets crazy? Sure. But...Id bet there's more chance of the USA going into a depression than GOOG going under because GOOG doesnt care about Forex transactions, dark pools, price of gold or oil. It only cares when you think about it, about one thing.....that every day more and more people who never owned a PC, notebook or smartphone, finally get one! That means they are able to buy things and you can bet money GOOG is going to come out with ways similar to credit cards for these people to do it. Maybe in conjunction with visa and master card. So GOOG represents the whole world. What should make us all sick is....every minute, how many millions of google searches are done by our enemies God knows where that use it for nothing, hate our guts and if they ever use it for anything that has impact, it will be to bring down this country. Question for all of you. How many countries in this world do you think would not allow USA access to GOOG if THEY had invented it?????????? Even now 75% of the world is probably going ape #$%$ that their oppressed women who arent allowed to see anything more than camels and sand can now search on computers using google? But even they realize we are necessary. Imagine now that I think of it if Google got orders from the president to shut down due to security risks. You know how many peoples lives would come to a halt? So the USA-goog TEAM is to me as powerful as the nuclear bomb. BUY!
Sentiment: Strong Buy
Guys, is there a reason that the SEC allows pay rates from 2006 to be used for public disclosure? Wait, it gets better, the first 4 execs are paid in dollars. The 5th person, the COO has N/A next to her name. What does that mean? I guess because she is a woman, and you know how they feel about womens equality over there, she gets paid in bags of rice. So on Christmas when bonuses are handed out, she has to come to the company headquarters with her entire extended family with 20 or 30 whell barrows and cart away a few hundred pounds of rice. Hey, dont laugh....that feeds all of them for 3 years. Im not joking about this, look at the home page of the SINA profile page. Is this for real or what?
You are the "smartest guy in the room." Sometimes more press releases than actual happenings are good. Sometuikes not. But why are you all really buying this. Because of George Soros? Does anyone here know what Georgey boy knows about gaming co's? I have no idea and he's made a fool of himself many many times before. Besides, when was the last time anyone had a huge year following soros stock buys? Now THATS scary. I respect the man, but I want to see this new microsoft guy they brought over come up with something huge soon, or they will eat his lunch and send him along with that other idiot who almost bankrupted merrill Lynch. "Lynch" is what he did to the company. The guy might be a whiz programmer but he also may have had one lucky idea and might be back at his "and will that be anything to drink with that,sir" job real quick if he doesnt produce soon. We are either looking at one of the bargains of the year, or the money burners of the decade. It might be safer to watch this thing get over 5 again, and hope good new comes out or we see some hints on new website changes to let us know whatc coming. The only thing coming now is.....George right in your ear. LOL Good posts marlowe and ward. Why does everyone think you are short if you dont say anything positive. Besides, anyone see how the biggest names in the qqq's are rolling over for weeks now and yet the indices dont show it ..............yet. I hope we have one more run till christmas boys. Yellen said they may ease up the help in spring. Well....as they say, "go away in may." if this market corrects in May its gonna be a doozy. Not on whats "due" or gut feelings but because the more a market is way way overbought, the correction(different than pulllback) is always much more painful.
tuttle, let them have their say. You make a great point and as soon as 2 or 3 chinese co's skyrocket, the other 20 that cratered get forgotten. Like some examples...???? My pleasure.... AMCN,CAAS,ZX,MVIS, KNDI and most of their tops in last few months or weeks came recently, days after good news came out and then they cratered for no reason. Many of them are legit. Enjoy the ride down on KDI everyone, a photocell hybrid car supposedly japans govt is even subsidizing and its dropping like a rock. All the rest have great stories and or financials as well. Sure they all got audited. Will Alibaba be audited properly......we hope so because the US auditors are going to make a trip over there, but what does that mean when we saw how the "auditors" were all in the bag during the sub-prime lending crisis. In fact the fact that yahoo intends to sell part of their stake, plusa the fact that YHOO is not doing so well is room for a lot of thought. Money(stock price) talks. Good luck to the longs. Im on the sidelines until something I can VERIFY comes our way. Soooooo many other good social media stocks and cheap gaming stocks like ZNGA, GLUU to take shots with with way more upside. Where do you think yahoo is going to go because of alibaba, to 100? Id love to see it and hope some more acquisitions from ali or yahoo come in as well. thats the key.....more acquisitions!!!!
Everyone is always thinking somone always knows where a stock is going, yet todays price action, in fact 3 months of price action showed us these guys often have no idea how their own co. is doing. Imagine if this thing was being bought instead of sold like it was. It would be at $100 three months ago and there would be sideways action mnow from the profit taking. How can a company like this, which is so independent on oil and gold prices and the usual eco fluctuations , how can these execs have no idea.....PLUS THE SAD THING IS THESE guys own less than 1% of the company. Wow! I always wondered in these kinds of things if the mgmt puts a hands off on buying policy so as not to arouse any raised eyebrows from the FTC. Why did not one person in the whole damn co buy. Disclaimer: I do not even own any of this yet. But just by seeing how their banner ads are increasing all over the place and I see their name in all the drugstore electronic sections, makes me think this could be $200 in a year to 18 months.
Now can someone tell me............when sales go up in smart phones, PC's servers,cameras,etc....where does most of Sandisks revenue come from. Which product or customer makes the most impact for sandisk?
Guys, are any of you old enough to gamble by at kleast 10 yrs? I ask because when i asked if anyone could tell me what their acquisition of Shufflemaster would do for BYI, no one answered. Well...if you either a casino dealer or player you should know that shufflemaster had almost 1005 share of the automatic shufflers you see dealers use on live casino games. First it took over live Poker ie-Hold,em.. Then it took over black jack and the other table games. It insures an honest shuffle for the player and also a faster shuffle and more action for the casino. Win-win. However whenI saw shufflemastwer come out with electronic poker tables where the players can sit around a big shufflemaster table and play against each other wioth NO live dealer, I knew this was a watershed moment and sadly the shufflemaster stock was under $5 a share and my money was tied up. I knew this was the biggest "gimmee" of the year. I was right. If BYI didnt buy them out we;d be looking at likely a stock the same price as BYI by now. Item #2-Online gaming....Caesers gaming signed an online gaming contract with 2 companies in 2 US states this past month. What does this mean for BYI? Do any of yu think BYI does not want part of the future of online gaming?????? But evn I, as a player and a dealer..............domnt know what it is. We all need to start taking shots and guessing because I think many casinos and also slot makers like BYI are going to win big. And if Europe can get their act together and let the American casinos and slot makers come in and show em how to make money, BYI could be the apple computer of gaming in a heartbeat. With all those shufflemaster geniuses right by their side who know what gamblers want before they want em. Exactly the kind of programmers steve jobs would hire!!!!!!!!! Why oh why cant all the Asian economies be healthy? The asians love to gamble more than they love to breathe in many instances.
Sentiment: Strong Buy
Does one benefit inadvertently when the other does well? Also, what tech co's both often do well at the same time tho seemingly unconnected sectors? And does PAULIE Walnuts really spray paint his hair? (last question was just some humor. lol )
Sugar, Im with you. My you tube and my g.mail both sudddenly are slow as hell 75% of the time..and then after I clean the files,do a defrag, use my registry cleaner...it still doesnt help. Something is going on. What else could it be except that either goog is getting so much more traffic then they even anticipated...or someone is trying to sabotage them...maybe within their own company. So lets think...if goog goes down frequently, who will benefit? Who gets the traffic, the ad dollars?
I used to look at charts just like you. I see what you see.We were both wrong....long term. Tell you why. Look at GOOG on a weekly chart instead of a daily. Now its not toppy at all, is it?!!! Always go out at least 4x the amount on a chart from the time frame youll be trading. So if like me ,you use a daily chart to trade, use the weekly,. which is 7x for confirmation and also for the real trend! I used to do what the "pros" did...and go to the 240m and 60m and sometimes even the 15m to catch the hidden pattern. But it was all just noise set up to take the day traders money. I personally think this thing goes to 2000 at some point. Before you laugh, I remember listening to a stock broker who used to play at my club here in Florida and hed always be in the bathroom saying...."Dont be greedy guys, apple is almost 100 dollars. How far do you really think it can go?" And stupid me, I bought apple at 33 with a 2 point trailing stop and it went to 35 and back to 33 so I got out. I thouight id have to be a sucker to buy in at 110. My whole life would have been different if I either bought back in when it went past 35 or...used the weekly chart when it hit 100.
I see it all clearly......GOOG, APPLE, MSFT, FB, VMW and a few others on the back end and hardware side are going to control it all. Kinda like the 5 families dividing up NY and everyone else has to give them a piece eventually.....everyone! Or they get bought out. Period. Imagine if one day we look back and say to ourselves how cheap GOOG was here but never realized it.
But where is the saturation point you may ask. Ask the same thing about FB and APPL. and now ALIBABA coming public. There is only so many users who have money to spend. Why all this expansion and mergers and acquisitions? I might have a real good guess.......
LESSON #2- And if GOOG is toppy.....as oftern as not there isnt even a correction...just a sideways channel or base lasting a few weeks or even months, and then the party starts
Sentiment: Strong Buy
Dont believe me. Look at DRYS. Look at even the daily chart itself and ask why its worth $2 one month when there are no new ships being built and $5 3 months later when nothing has changed? And then $3.50 when many things have changed!!!! Im surprised they dont pull this nonsense with ALU with so many lower priced shares traded. Watch...one day youll see a 40% spike and the stock will close flat for the day!
And my example has also proven that if we little guys get what we want in a merger or buyout, , it should be rocketing up from 20 or 40 dollars...not 9!!! So we will wind up with 20 or 30 bucks on a good buyout deal and think we made out, when we are just being given back our own money. JMHO. What would I know?
PART 2: if you did take all the money that was pumping up the stock and making those wicks every day, and then added all that profit(not the entire amount bought and sold) and bought and held the stock at the end of every month, YOU'D HAVE A COMPLETELY DIFFERENT SHARE PRICE....HIGHER!
MORE PROOF: If you take stocks with share prices over $100, they dont have all those wicks and tails. Why? Because the shares are in the hands of institutions.The pension funds and such who have no interest in daily playing games. So you cant take a Facebook and "run it up' for 2 hours and then sell because youd need Fort Knox. HINT: MAYBE THAT IS WHY WE SEE A NEW TREND OF STOCKS GOING OVER $100 AND NOT SPLITTING ANYMORE BECAUSE THEY ATTRACT MUCH MORE BUY AND HOLDERS AND SECONDLY....small guys in prop rooms and manipulators even with millions dont want to be tying up 100 million dollars to make 20 cents on a $500 share!
Every stock has periods of volatility. But why do some have it 75% of their trading days. This stock if I took a guess as an ex broker from 20 yrs ago, might actually have a $20 share price on it now ,even with all the uncertainty, but because the honest people lets say add 40 cents to the stocks price in a week by buying, and the manipulators take out 30 cents A WEEK by buying AND selling, there is only so much money a stock can
attract. i am long here...but if this merger goes thru or soem good news hits and we wind up with a $30 share price and we all get excited, just remember...it may have been 50 or more if it was traded like most other stocks. Remember: THESE EXTRACTORS HAVE YEARS TO TAKE NICKELS AND DIMES OUT OF THE SHARE PRICE EACH WEEK. WE BUY AND HOLDERS GET TOASTED. How many other stocks do you see on the most active list and still dont move with mergers and all kinds of new technology pending??? This aint BAC.
Look at a daily chart of the last 6 month. 3 months is OK too. More than a year and you cant see the wicks on the candles too well. The stock today was worth $9.46 at around 2pm. Why would it only be worth $9.05 2 hrs later with no news and no market events? Thats almost 5% loss for no reason at all. Or.... a 5% gain for no reason at all and then it went back to its true worth ,you decide. Here is the proof of the manipulation. Why are the wicks and tails on the candles(you cant use regular bar charts) so enormous, especially when the stock is in a quiet trading range waiting for news to come? Now....look at VZ,,T, TMUS and all the other carriers. Is there opne remotely as volatile #$%$? a $9 STOCK NO LESS!!!! Now stay with me here..........if yopu look at the candles, yopull see that it is the wicks(up movement) not so much the down movement on the tails that are so big. Why? You mean people are only afraid to let their profits run, but not greedy to buy the stock near its lows of the day and run it up? This cannot be us small retail guys doing this. And it cannot be the institutions doing it because they leave fairly solid bars as their buying or selling takes all of the day or even many days or weeks. So why would a stock have all these profit takers one day, and then 3 out of 5 days they do the same thing again? Oh....I get it. Sprint traders arent as sure about holding over night as other traders, especially phone co's. Also..........what you can see is that we can go many days with almost no movement at all, enough to make you sick, and wonder why this stock is being ignored for days and weeks at a time. And then suddenly all this volatility comes in again. Is it the same hedge funds? Are they different entities that work independent of each other? The inconsistancy is not making sense.
How we lose: When you have buy and hold traders that lets say account for 1/3 of the volume every day, they dont care about daily price action. But they should.
Without Alibaba, what are we going to buy a company that I still have no idea what innovations they have made in the last 15 yrs!!!!!!????? They need some new mgmt....yuh think???? When Google blew right by them in earnings the 1st qtr,they should have fired all the top 5 O's and got some new blood. I still dont know why as fast as things change today that people every major internet company do not have a 'suggestion box" link" on their front page of their site and have a team of BOTH old, middle aged and young men just spending all day reading everything that gets emailed in and so out of 20,000 suggestions per week, 200 get put to the side for the asst CEO to look at and then maybe 40 of them get shown at a company meeting every single week! Why doesn't that happen anymore? And why again am I buying Yahoo if they sell their share of Alibaba?
In other words, if ali is worth 150b, and yahoo gets 24% of that, then that makes Yahoo aboput a 40b stakeholder. But if Yahoos market cap is only 40b now, what is that yahoo market cap based on? In other words, without alibaba, what is yahoo worth?
And you base that exact price on how much earnings? What will acceptance from other hospitals be? I wouldnt be surprised if this went to 6 or 7 and lingered there till ananlysys could really dissect this companys books or...maybe she goes to 10 bucks and collapses, all the beneficiaries laying in the sun in the Cayman Islands. I have my stop at 2.47. No way they clean my clock. And I will trail this stop as she moves up. I hope this doesnt take all damn summer. By end of month should tell us if this is legit, almost for sure.
I was worried it would gap up too much to buy in today. Now I am worried that my buy in at 2.55 as I wanted to be plenty sure a bottom was in, might get stopped out today anyway. I see this is not a stock I could put 1/2 my portfolio in as I thought it would be if it had opened higher and kept on going and was over $4 now as I thought it would be. Even if this stock is legit, the gap down in the morning and no immediate recovery is not a good sign at all. Either the stock seems to be smke and mirrors or the mm's are. But, I bought a little taste and lets hope good things happen. Im also long KNDI and BYI as of this morning as my 2 biggest buys this month for the record.
Pch, very sadly, I agree with you. It used to be that one could get a real big edgfe once in a while by reading one of their articles at the right time. Now they seem to want to be more like Motley Fool, who I must give credit for giving the most convincing arguments to buy or sell a stock with real balance sheet numbers and yet their picks do nothing. It sickens me that 1/2 the "headlines" allowed on yahoo news are just trash promotions. This has got to be cleaned up.
I guess I will be buying at the open tomorrow and hope it will shoot up at least 5 or 6% more immediately, so I can place my stop at break even real fast. Now I have to pray this thing doesnt gap up too much so that the opening 5 minutes brings the high of the day. If this co. can get even 10% of the radiation market , what kind of revenue would we be talking about here? You know every day trader and his mother is going to be all over this one right from the open. And I know the game. If it goes below the open in the first 15 min, sellers will appear out of nowhere like flies on Madonnas underwear. If this thing could keep rising all next week to 10 bucks, Id be a very happy man.
Sentiment: Strong Buy